New home val­u­a­tions is­sued

Franklin County News - - Property -

Prop­erty own­ers in the Auck­land Coun­cil area of Franklin can ex­pect to re­ceive a new coun­cil prop­erty val­u­a­tion no­tice in the mail from to­day.

The no­tices are the re­sult of the first Auck­land Coun­cil reval­u­a­tion, which saw 516,000 prop­er­ties reval­ued Auck­land-wide. It has been the largest reval­u­a­tion un­der­taken in New Zealand. Any queries about in­di­vid­ual val­u­a­tions, or the val­u­a­tion process, can be di­rected to Auck­land Coun­cil’s reval­u­a­tion team on 0800 874 060 or www. auck­land­coun- cil.govt.nz/reval­u­a­tion.

Due to the size of the project, new val­u­a­tion pro­cesses were put in place to en­sure all prop­er­ties were val­ued con­sis­tently, said an Auck­land Coun­cil press re­lease.

This process and the val­ues set in the reval­u­a­tion were cer­ti­fied by the Val­uer-gen­eral, Neill Sul­li­van last week. Mr Sul­li­van is re­quired to ap­prove all rat­ing val­u­a­tions un­der­taken by lo­cal au­thor­i­ties in New Zealand to en­sure con­sis­tent and ac­cu­rate prop­erty val­ues.

This year’s reval­u­a­tion brings prop­er­ties for­merly cov­ered by Franklin District Coun­cil into the same val­u­a­tion cy­cle.

Auck­land Coun­cil’s val­u­a­tion team leader, Peter Mckay, said most Auck­land prop­erty own­ers could ex­pect to see their prop­erty’s cap­i­tal value move some­where be­tween plus or mi­nus 10 per cent since their last reval­u­a­tion.

Prop­erty own­ers can ob­ject to their val­ues if they be­lieve they are in­cor­rect and have un­til De­cem­ber 16 to do so. More in­for­ma­tion about mak­ing an ob­jec­tion is avail­able on the Auck­land Coun­cil web­site.

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